Corporate financing — energy storage technology
Convertible notes financing. First positive adjusted EBITDA ($5-10M) in Q4 2025. Strategic pivot to AI data center energy via Crusoe partnership.
$150M
Deal Value
BESS
Technology
CA
Location
Deal Details
- Deal Type
- Corporate
- Seller / Sponsor
- Energy Vault Holdings (NRGV)
- Buyer / Financier
- Convertible note investors
- Deal Value
- $150M
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- Business Wire
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